The rent prices in real estate in Port Hope, in the Michigan region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Port Hope has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.77. In December this price barely changed remaining at $2.79 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.78 to $2.79 per sq.feet. The price per sq.feet has had a considerable fall of 36 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.78 to $1 during March, and April.
When referring to the price in Port Hope (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,362. In December This price remains at $2,380. In the following two months the average price has hardly changed with regard to the previous two months from $2,371 to $2,380. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,375.5 and $2,320.5 between March and April.